The 4 Stages of a Market Recovery

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As long as major banks and companies make use of schemes for profit making in the market based on unregulated or deregulated market policies, the people, the country, the world will continue to suffer. Regulation existing for decades to insure that big business and banks stayed honest, but now with so much deregulated, banks and other industries (like Enron did) can put everything in the stock market with no care for their customers. Essentially grab the money and run scheme. This will never enhance the economy of our country, only the wallets of criminal enrepreneurs. Regulation is needed to keep industry honest. Unfortunately the very people who were responsible for Enron, and for the 2001-2008 bubble in the marketization of housing and other loans, etc. , and their cronies, are still on the Federal Reserve board of the USA. We are still not safe from unregulated messes in the stock market.

Joe of VA 2:41PM September 19, 2011

Our Government is hired and fully controled by Large Corporations, not US Citizents anymore. This is why it cares less about anyone who's small anymore and future of small businesses. They are bureaucrats selling themselves during lobbying process and waiting to give back to their patrons. Overseas investors from Asia control those Large Corporations with their shares in them. This is why the overall tendency is "let's do business by selling not just cheap, but selling very cheap". Let kill the small businesses think "large corporate uncontrolled animals". Since this days large corporations are no longer subject to anti-trust laws, they are fully allowed and equiped with "deap sale tools" to do the "holocaust" to the small businesses in the USA. Large corporation are no longer even under control by their own boards of directors, since everyone in any large company thinks how to save his ass and show good results in such a seek climate created by the same large corporations. It's like mass instinction where dinosaurs want to eat and ate more then they were allowed. In such case they even ate the roots of small trees, thus eliminating their own future food. Why nobody is stopping the "large animals", because they are still very strong and they do not listen to their brains(anti-trust activists and small business growth advocates). They only listen to themselves: "we need more food, let's eat the small animals(businesses), let's distroy their food. Let roll next big sale, let drop prices, maybe this will create new jobs in China:)"
Before we reinact antitrust laws and help the large corporations to realize that they need to stop helping our Bureaucratic Govenrment in destroying themselves, their helpers - small businesses and this great country, no economy is going to move up.
Economy can be moved up only by small

of 1:51AM December 08, 2009

I have lost all trust in our government! There is very little difference between the Republicans and Democrats. All they care about is their own special interests at the expense of everyone else. They shove regulations down our throat that our kids and grandkids will have to manage. As far as I'm concerned they are all a bunch bottom feeding crooks. If ever there was a time to kick everyone out of office and bring a completely new group, it is now. There has never been a better case for term limits that now.

C Evans of FL 5:57AM December 06, 2009

All the gloomers and doomers are still there..blaming Obama and the democrats for everything including the crucifixion. The republicans and their free markets, doing away with glas-segal act, which deregulated the banks is the problem..It took three republican presidents to deregulate the banking industry and again, Reagan, Bush 1, Bush 2, to preach deregulation where someone actually did it and the finanacial crisis happened just like it did in the thirties...dah...when those entrusted to running the financial system lack integrity the results show...the republicans have cause the problem now government has to jump in and bail their unenthical butts out...that is where the taxpayer comes in...and they knew it....sorry...it is a republican thing.

Roger Clemens of AZ 9:39PM November 28, 2009

the rise in stocks is because the value of the dollar is falling. We are not getting richer, the stocks appear to be rising because the value of of durable equipment and buildings will maintain value and that value will rise as the value of the dollar falls next to inflation.
http://www.powercareernow.com/

Allan of GA 4:42AM November 22, 2009

The 3.5% was nearly all government spending, not consumer spending or private-sector growth. I differ with most economists on when the recession started, though. Based on both GDP change and the unemployment rate, it really started about August 2008. I think economists and the mass media don't want to admit that it was set off to help Obama win the election.
The only thing in the economy's favor right now is that inventories are extremely low, so it won't take much of an increase in demand to force more production and therefore more hiring. I don't think per capita productivity can go much higher. Still, the most correct point in the article is that trillion-dollar deficits will definitely impede future growth. They may even lead to a double-dip recession -- thanks a lot, Obama.

Michael 12:22PM November 13, 2009

Not so fast J.P.:
Many economists believe that while the recession that began in December 2007 is history, the third-quarter spurt was largely fueled by government incentives and industry trends that will fade, leaving a wobbly economy.
"Don't get carried away by the really strong number," says economist Patrick Newport of IHS Global Insight. "The economy is still losing jobs and it's still fundamentally weak in a lot of places."
The latest USA TODAY/IHS Global Insight Economic Outlook Index predicts moderating growth through early next year.
Technically, only the National Bureau of Economic Research can officially declare the end of a recession. But the Commerce Department's GDP certainly confirms, at least informally, that a recovery has begun, Newport says.
Newport, though, says almost half the growth stemmed from a rise in consumer spending that was juiced by the government's expired cash-for-clunkers program, which ended in August.
Brisk spending by the federal government certainly played into the third-quarter turnaround. Federal government spending rose at a rate of 7.9% in the third quarter, on top of an 11.4% growth rate in the second quarter.
Third-quarter activity also was helped by increased sales of U.S.-made goods to customers overseas, as economies in Asia, Europe and elsewhere improved. The cheaper dollar is aiding U.S. exporters, making their goods less expensive to foreign buyers. Exports of U.S. goods soared at an annualized 21.4% rate in the third quarter, the most since 1996.
Businesses, meanwhile, reduced their stockpiles of goods less in the third quarter, after slashing them at a record pace in the second quarter. With inventories at rock-bottom, even the smallest increase in demand probably will led to factories boosting production. This restocking of depleted inventories is expected to help sustain the recovery in the coming months.
But even with the third-quarter improvement, the economy isn't out of the woods.
Federal Reserve Chairman Ben Bernanke and members of Obama's economics team have warned that the nascent recovery won't be robust enough to prevent the unemployment rate — now at a 26-year high of 9.8% — from rising into next year.
Economists say the jobless rate probably nudged up to 9.9% in October and will go as high as 10.5% around the middle of next year before declining gradually. The government is scheduled to release the October unemployment report next week.
With joblessness growing and wages slipping in the third quarter, consumers are expected to turn more restrained in the months ahead. That would put a much heavier burden on businesses to keep the recovery going.

CRB of PA 2:20PM November 11, 2009